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AmSurg Corp: Business Overview, Financials & Competitive Analysis

AmSurg is an independent leader in ambulatory surgery center services, operating a network of more than 250 surgery centers nationwide. In partnership with physicians and health systems, the organization delivers high...

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8/ 10Strong

Cyborg Score thesis

AmSurg is a market-leading ASC operator with strong fundamentals and strategic positioning in a high-growth outpatient surgery...

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Industry Ambulatory Surgery Centers
4 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: September 21, 2026
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AmSurg Corp Overview

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AmSurg is an independent leader in ambulatory surgery center services, operating a network of more than 250 surgery centers nationwide. In partnership with physicians and health systems, the organization delivers high-quality patient care across a diverse spectrum of medical specialties, including gastroenterology, ophthalmology and orthopedics.

Strategic Profile

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AmSurg is a Nashville-based surgery center company that partners with around 2,000 physicians and operates 250 ASCs, making it the second-largest ASC chain nationally, trailing only Tenet's United Surgical Partners International. The company was acquired by Catholic hospital company Ascension in a $3.9 billion deal, with the acquisition completed in June 2026.

Competitive Landscape

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Competitors include Summa Health, United Surgical Partners International, Surgery Partners, LifePoint Health, and Tenet Healthcare. AmSurg ranks as the second-largest ASC operator nationally, positioning it as a key consolidator in the rapidly growing outpatient surgery market.

Industry Context

AmSurg Corp operates in Ambulatory Surgery Centers.

Key facts

Founded: 1992 · Headquarters: Nashville, US · Employees: 10,000

What the analysts stress-tested

The top findings that survived the multi-agent debate for AmSurg Corp.

  • (June 2026) Acquisition completed: Ascension officially closed its $3.9B acquisition of AmSurg, gaining 250+ surgery centers across 34 states and immediate scale in the high-growth outpatient surgery market
  • (June 2026) FTC approval secured: Ascension was required to divest several surgery center facilities to comply with antitrust concerns before completing the acquisition
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Recent developments

Material events tracked by the AskCyborg corpus.

  • June 2026Ascension acquisition closed at $3.9 billion valuation
  • Early 2026FTC required divestitures of certain surgery center facilities as condition of approval
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

United Surgical Partners InternationalLargest ASC operator in the United States→Envision HealthcareHealthcare services company (former AmSurg parent)→Surgery PartnersASC management and physician services→Summa HealthHealth system and ASC operator→

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Industry context

AmSurg Corp operates in Ambulatory Surgery Centers. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does AmSurg Corp do?+
AmSurg is an independent leader in ambulatory surgery center services, operating a network of more than 250 surgery centers nationwide. In partnership with physicians and health systems, the organization delivers high...
What is AmSurg Corp's Cyborg Score?+
AmSurg Corp has a Cyborg Score of 8/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are AmSurg Corp's main competitors?+
Named competitors include United Surgical Partners International, Envision Healthcare, Surgery Partners, Summa Health. The full competitive landscape is in the AskCyborg report.
How can I get the full AmSurg Corp research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the AmSurg Corp research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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